Altana Acquires Henkel's Closure-Materials Business
10 Mai 2021 - 11:34AM
Dow Jones News
By Joshua Kirby
German speciality-chemicals company Altana said Monday that it
has acquired Henkel AG & Co. KGaA's closure-materials business
for an undisclosed sum.
The acquisition of the German consumer-goods company's
closure-materials business entails the takeover of technologies and
customer relationships and will strengthen Altana's range of
PVC-free sealants for the packaging industry, the company said. The
business will be integrated into Altana's ACTEGA division.
The two companies have agreed not to disclose the purchase
price, Altana said.
Write to Joshua Kirby at joshua.kirby@wsj.com;
@joshualeokirby
(END) Dow Jones Newswires
May 10, 2021 05:18 ET (09:18 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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